Rep. Dave Taylor (R-OH) is working on legislation to allow consumers to get deductions on their auto loan interest if the vehicles they purchase are made in the United States.
Taylor introduced the U.S. Automobile Consumer Assistance and Relief Act to the House on Wednesday. His push mirrors that of Sen. Bernie Moreno (R-OH), an auto-dealer-turned-senator.
“Under President [Donald] Trump’s leadership, Republicans are taking tangible action to prioritize American workers and consumers,” Taylor said in a statement. “Lowering the cost of purchasing an American-made vehicle will lead to the increased sale of American-made cars, which in turn will bolster our Nation’s economy and put more money in the pockets of hard-working families.”
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“I’m proud to introduce Senator Moreno’s USA CAR Act in the House of Representatives to
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